Announcement • Sep 30
AltaGas Ltd. Appoints Bill Bullock to Its Board of Directors, Effective October 1, 2025 AltaGas Ltd. announced the appointment of William ("Bill") Bullock as a new Independent Director, effective October 1, 2025. Mr. Bullock will serve as a member of AltaGas' Audit Committee. Including Mr. Bullock's appointment, AltaGas' Board of Directors ("Board") will be comprised of 11 members. Mr. Bullock is an industry veteran and distinguished leader in the energy sector with nearly four decades of experience. Most recently, he served as Executive Vice President and Chief Financial Officer of ConocoPhillips until his retirement in May 2025. Prior thereto Bill had an extensive career working throughout ConocoPhillips, including as President of Asia Pacific & Middle East operations, Vice President of Corporate Planning & Development, and in a variety of senior roles spanning engineering, operations, commercial and business development. Mr. Bullock brings extensive experience working across complex global operations, throughout different regulatory jurisdictions, and across the upstream, midstream and downstream energy markets. Mr. Bullock currently serves on the Board of Kodiak Gas Services, a leading natural gas contract compression service provider in the U.S. He also serves as chair of the Engineering Advisory Council at Texas A&M University, the Joint Advisory Council for Texas A&M University at Qatar, and is an active member in his community, including serving as a Director of the Boy Scouts of America - Sam Houston Area Council. Announcement • Aug 01
AltaGas Ltd. Declares Quarterly Dividend, Payable on September 29, 2025 AltaGas Ltd. declared a quarterly dividend of $0.315 per common share, payable on September 29, 2025, to shareholders of record on September 16, 2025. Announcement • Jul 06
AltaGas Ltd. to Report Q2, 2025 Results on Aug 01, 2025 AltaGas Ltd. announced that they will report Q2, 2025 results Pre-Market on Aug 01, 2025 Announcement • Apr 04
AltaGas Ltd. to Report Q1, 2025 Results on May 01, 2025 AltaGas Ltd. announced that they will report Q1, 2025 results Pre-Market on May 01, 2025 Announcement • Feb 10
AltaGas Ltd., Annual General Meeting, May 01, 2025 AltaGas Ltd., Annual General Meeting, May 01, 2025. Announcement • Feb 07
AltaGas Ltd. to Report Q4, 2024 Results on Mar 07, 2025 AltaGas Ltd. announced that they will report Q4, 2024 results Pre-Market on Mar 07, 2025 Announcement • Jan 07
AltaGas Ltd. Appoints Derek Evans as Independent Director and Committee's AltaGas Ltd. announced the appointment of Derek Evans as a new Independent Director, effective January 7, 2025. Mr. Evans will serve as a member of AltaGas' Audit Committee and its Environment, Health and Safety Committee. With Mr. Evans' appointment, AltaGas increased the size of the Board of Directors (‘Board’) to 11 members. Mr. Evans is an industry veteran and distinguished leader in the energy sector with more than four decades of experience. Most recently, Mr. Evans served as President and CEO of MEG Energy, where he played a critical role in turning around the company and driving substantial shareholder value over his six-year tenure, until his retirement in 2024. Previously Mr. Evans was President and CEO of Pengrowth Energy and Focus Energy Trust, and he spent his formative years in senior operational and leadership roles at Renaissance Energy. Mr. Evans is a strong advocate for the energy industry and the important role it plays in keeping society moving. This includes currently serving as Executive Chair of the Pathways Alliance, a partnership between Canada's largest energy producers, which is focused on advancing environmental innovation and project development, including carbon capture and storage. Mr. Evans is also a Director of Franco-Nevada, a leading gold-focused royalty and streaming company, where he serves as Chair of the Compensation and ESG Committee. He also volunteers and has been active with several not-for-profit organizations. Announcement • Dec 03
Altagas Ltd. Increases Annual Dividend for the Calendar Year 2025 and Proposes First Quarterly Dividend, Payable on March 31, 2025 AltaGas Ltd.’s board of directors approved a 6% increase to the annual common share dividend to CAD 1.26 per share for the 2025 calendar year, which equates to a rate of CAD 0.315 per common share on a quarterly basis. Subject To Approve the board of directors, the first quarterly dividend of CAD 0.315 per common share is expected to be effective for the March 2025 dividend and will be paid on March 31, 2025, to common shareholders of record on March 17, 2025. These dividends are eligible dividends for Canadian income tax purposes. Announcement • Oct 05
AltaGas Ltd. to Report Q3, 2024 Results on Oct 31, 2024 AltaGas Ltd. announced that they will report Q3, 2024 results Pre-Market on Oct 31, 2024 Announcement • Sep 18
AltaGas Ltd. announced that it expects to receive $900 million in funding AltaGas Ltd. announced a private placement of Fixed-to-Fixed Reset Rate Junior Hybrid Subordinated Note for the gross proceeds of $900 million on September 17, 2024. The Fixed-to-Fixed Reset Rate Junior Hybrid Subordinated Note bears an interest rate of 7.20% per annum. The Fixed-to-Fixed Reset Rate Junior Hybrid Subordinated Note will mature in 2054. The offering is expected to close on or about September 23, 2024, subject to customary closing conditions. Announcement • Aug 01
AltaGas Ltd. Maintains Earnings Guidance for the Year 2024 AltaGas Ltd. maintains earnings guidance for the year 2024. For the period, the company normalized EPS guidance of CAD 2.05 - CAD 2.25, compared to normalized EPS of CAD 1.90 and GAAP EPS of CAD 2.27 in 2023. Announcement • Jul 12
AltaGas Ltd. to Report Q2, 2024 Results on Aug 01, 2024 AltaGas Ltd. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 01, 2024 Announcement • Apr 12
AltaGas Ltd. to Report Q1, 2024 Results on May 02, 2024 AltaGas Ltd. announced that they will report Q1, 2024 results Pre-Market on May 02, 2024 Announcement • Mar 08
Altagas Ltd. Reaffirms Earnings Guidance for the Year of 2024 AltaGas Ltd. reaffirmed earnings guidance for the year of 2024. For the year, company expected normalized EPS guidance of $2.05 - $2.25, compared to normalized EPS of $1.90 and GAAP EPS of $2.27 in 2023. Announcement • Feb 09
AltaGas Ltd., Annual General Meeting, May 02, 2024 AltaGas Ltd., Annual General Meeting, May 02, 2024. Announcement • Feb 06
AltaGas Ltd. to Report Q4, 2023 Results on Mar 08, 2024 AltaGas Ltd. announced that they will report Q4, 2023 results Pre-Market on Mar 08, 2024 Announcement • Oct 14
AltaGas Ltd. to Report Q3, 2023 Results on Nov 03, 2023 AltaGas Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 03, 2023 Announcement • Sep 01
AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire Pipestone Natural Gas Processing Plant, Natural Gas Storage Facility and assets from Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) for CAD 650 million. AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire Pipestone Natural Gas Processing Plant, Natural Gas Storage Facility and assets from Tidewater Midstream and Infrastructure Ltd. (TSX:TWM) for CAD 650 million on August 30, 2023. Total consideration of CAD 650 million is comprised of CAD 325 million in cash and the issuance of 12.5 million AltaGas common shares to Tidewater, priced at $26.07, based on AltaGas’ The transaction is expected to be five percent EPS accretive in 2025 forward while being 0.1x net debt to normalized EBITDA credit accretive in 2025 forward. The transaction is subject to regulatory approvals and customary closing conditions and is expected to close prior to 2023 year-end. RBC Capital Markets are acting as financial advisors and Burnet Duckworth & Palmer LLP are acting as legal advisors to AltaGas on the transaction. Announcement • Aug 17
Altagas Ltd. Announces Appointment of A New Independent Director, Angela Lekatsas AltaGas Ltd. announced the appointment of a new Independent Director, Angela Lekatsas, effective September 1, 2023, which will increase the board of directors (the "Board") size to 11 directors. Ms. Lekatsas will also serve as a member of AltaGas' Audit Committee. Ms. Lekatsas is a recently retired executive with over two decades of broad industry and corporate finance experience. Most recently, she served as President and CEO of Cervus Equipment Corporation ("Cervus") until its acquisition in late 2021, providing agriculture, transportation and industrial equipment solutions across Canada, Australia and New Zealand. Prior to her appointment as President and CEO, Ms. Lekatsas served as an Independent Director of Cervus, including Chair of its Audit Committee. Previously, Angela was a senior executive with Nutrien Ltd. ("Nutrien"), and its predecessor company Agrium Inc., for 15 years, where she held various roles spanning Corporate Development, Operations, Finance and Risk. Prior to Nutrien, Ms. Lekatsas worked in public practice accounting with a focus on financial institutions, large transactions and cross border listed companies. Ms. Lekatsas currently serves on the Board of Directors of Baytex Energy Corp., where she is a member of its Audit Committee and Nominating and Governance Committee. Ms. Lekatsas has a Bachelor of Commerce Degree from the University of Saskatchewan, is a Chartered Professional Accountant, and holds the ICD.D designation from the Institute of Corporate Directors. Announcement • Jul 12
AltaGas Ltd. to Report Q2, 2023 Results on Jul 28, 2023 AltaGas Ltd. announced that they will report Q2, 2023 results Pre-Market on Jul 28, 2023 Announcement • Feb 15
AltaGas Ltd. to Report Q4, 2022 Results on Mar 02, 2023 AltaGas Ltd. announced that they will report Q4, 2022 results Pre-Market on Mar 02, 2023 Announcement • Oct 29
AltaGas Ltd. Approves Quarterly Dividend, Payable on December 30, 2022 AltaGas Ltd. approved the dividend of $0.265 per common share, payable on December 30, 2022 and Record date is December 16, 2022. Announcement • Oct 07
AltaGas Ltd. to Report Q3, 2022 Results on Oct 28, 2022 AltaGas Ltd. announced that they will report Q3, 2022 results Pre-Market on Oct 28, 2022 Announcement • Jul 06
AltaGas Ltd. (TSX:ALA) acquired the remaining stake in Petrogas Energy Corp. from Idemitsu Canada Corporation for Approximately CAD 290 million. AltaGas Ltd. (TSX:ALA) acquired the remaining stake in Petrogas Energy Corp. from Idemitsu Canada Corporation for Approximately CAD 290 million on July 05, 2022. The transaction was principally funded with recycled capital from the recent sale of AltaGas' non-operated interest in the Aitken Creek gas processing facility, as well as modest draws of short-term debt from the Company's existing credit facilities. The transaction is expected to be immediately accretive to normalized EPS through a reduction in net income applicable to non-controlling interests, with full-year run-rate accretion expected to be in excess of $0.10 per share. Burnet, Duckworth & Palmer LLP acted as legal counsel to AltaGas on the transaction. McCarthy Tétrault LLP acted as legal counsel and BMO Capital Markets acted as financial advisor to Idemitsu on the transaction.
AltaGas Ltd. (TSX:ALA) completed the acquisition of the remaining stake in Petrogas Energy Corp. from Idemitsu Canada Corporation on July 05, 2022. Announcement • Jul 01
AltaGas Ltd. to Report Q2, 2022 Results on Jul 28, 2022 AltaGas Ltd. announced that they will report Q2, 2022 results Pre-Market on Jul 28, 2022 Announcement • May 27
TriSummit Utilities Inc. entered into a definitive agreement to acquire Alaskan Utilities of AltaGas Ltd. for $800 million. TriSummit Utilities Inc. entered into a definitive agreement to acquire Alaskan Utilities of AltaGas Ltd. for $800 million on May 26, 2022. The sale will include AltaGas’ 100% interest in ENSTAR Natural Gas, the largest local gas distribution company in Alaska, the Alaska Pipeline Company, the AltaGas Ltd.'s 65% indirect interest in Cook Inlet Natural Gas Storage Alaska (CINGSA). TriSummit expects the permanent financing of the Transaction to be approximately 50 – 55 percent common equity with the remaining financing to be in the form of long-term debt. Alaskan senior leadership team and the dedicated employees will be joining TriSummit post-closing. The transaction has been approved by AltaGas and TriSummit’s Board of Directors and is subject to regulatory and government approvals and clearances, including approval by the Regulatory Commission of Alaska and compliance with applicable requirements under the U.S. HartScott-Rodino Antitrust Improvements Act of 1976. The transaction is expected to close in first quarter of 2023.
RBC Capital Markets, LLC and Scotiabank are acting as financial advisors and Torys LLP is acting as legal advisors to AltaGas. CIBC Capital Markets is acting as financial advisor and Latham & Watkins LLP and Stikeman Elliott LLP are acting as legal advisors to TriSummit. Deloitte LLP acted as an accountant to TriSummit. Announcement • Apr 08
AltaGas Ltd. to Report Q1, 2022 Results on Apr 28, 2022 AltaGas Ltd. announced that they will report Q1, 2022 results Pre-Market on Apr 28, 2022 Announcement • Feb 11
AltaGas Ltd., Annual General Meeting, Apr 29, 2022 AltaGas Ltd., Annual General Meeting, Apr 29, 2022. Announcement • Feb 04
AltaGas Ltd. to Report Q4, 2021 Results on Mar 04, 2022 AltaGas Ltd. announced that they will report Q4, 2021 results Pre-Market on Mar 04, 2022